Members

Meet our members

HQ office : Copenhagen, Denmark
ADDRESS : Fredericiagade 27,
1310 Copenhagen K
WEBSITE : http://www.ifu.dk

IFUDenmark

The Investment Fund for Developing Countries

IFU – the Danish Development Finance Institution – was founded in 1967 and joined EDFI in 1992. IFU is a self-governing fund established by the Danish government. The minister for development cooperation appoints the board of IFU and the CEO. IFU’s objective is to promote economic and social development in the investment countries, as well as contributing to the green transition. IFU has co-invested in over 1,300 companies in more than 100 developing countries and emerging markets. Contracted investments total EUR 31 billion, of which IFU has contributed EUR 3.4 billion. IFU also has offices in: Brazil, China, Ghana, India, Kenya, Singapore and Ukraine.

Member's website

Region

Sector

Key numbers (end of 2022)

Investments

€200 million

in new annual commitments to 21 projects

€1,200 million

in total portfolio of 167 projects

€192 million

in investment funds

Other Fund Management

IFU operates as fund manager for public-private partnerships like the Danish SDG Investment Fund, which is to invest in commercially viable projects supporting the UN Sustainable Development Goals. The SDG Fund is established in cooperation with the Danish State and several of the largest Danish pension funds and private investors. Total capital under management is EUR 1.7 billion.

Financial instruments

75%

equity and quasi equity

24%

loans

guarantees

technical assistance

€0,5 million

approved in 7 projects

81%

own funding

19%

government source

Investment focus

IFU is an impact investor, contributing to green, just and inclusive societies as well as supporting the Sustainable Development Goals. IFU provides risk capital to companies operating in developing countries across Africa, Asia, Latin America, and parts of Europe. Investments are made on commercial terms in the form of equity, loans, and guarantees. Prioritsed sectors are green energy & infrastructure, financial services, healthcare and sustainable food systems.

Staff

employees

Overseas offices

Brazil, China, Ghana, India, Kenya, Ukraine

Ministry in charge

Ministry of Foreign Affairs